Contact Us

Invest Yourself

How are Guns like Bitcoin? At first blush it would be hard to make a comparison, but if you think about it for a while you come up with something fairly common. Think about it like this: if you want to exchange dollars for a bitcoin, how do you do it? Well you’ve got to go to some form of an exchange. Notable ones over the years has been Coinbase, Poloniex, CEX.io, Kraken, Bitfinex, BitPanda, or BitStamp. There are many others, but these had the big names. (actually there’s about 130 of them)

Hello everyone, welcome to the last trading day of 2017. In some ways it was a pretty good year, and in others it wasn't. Leaning long and taking pot shots at rising sectors has worked well for us. On the other hand, the mania over bitcoin, has left most of the precious metals in the dust bin.

The other day I mentioned that the day ahead of a Fed decision is usually a green day. Well they certainly took that to heart, as the DOW was up over 150 at times and both the DOW and the S&P hit new highs.

Good morning everyone and welcome back from your weekend. Was it full of running around doing Holiday shopping? Or was it "same ole, same ole" for you? Down here in Sunny Florida "it" finally happened. The same cold front that brought snow all the way from Atlanta up through Maine made a stop down here first. No, we didn't get snow, but saturday was rainy and windy and then Saturday night the temps dropped like a rock.

Hello all, the new edition of the Free investment Newsletter is posted and this week we discuss Bitcoin, blockchain, Etherium, gold and silver. Yes that's a lot to chew on, but it's a very important topic, one that needs to be discussed.

It is my position that the whole bitcoin/blockchain "invention" was pushed via the elitists in the global banking system to get people away from buying gold and silver. The elites hate cash and they hate seeing the population owning silver coins even more. What better way to control them, than to introduce this crypto currency that they say is anonymous ( it's not) and sticks it to the man?

Well it worked. silver coin demand is in the toilet, while bitcoin hits a new high almost every week. I don't believe this was by accident, or by some reclusive Japanese inventor releasing his technology.

Yes folks, Bitcoin. It seems to defy gravity, it goes up relentlessly, and people are piling into it. Where did it really come from. Is it anonymous as they say? Was there a purpose behind it? Who really "invented it?" We chew on some of these topics in the general commentary tonight.

In the market commentary, we talk about the drive to all time new highs, which has now happened 55 times this year. What's behind it? Can it stop? What if it stops? Is this the new normal?

Over the years I’ve been asked about Bitcoin many times. For the most part my answer to it has remained about the same “at the end of the day, it’s a fiat currency”. Now to the Bitcoin lovers, I’m just stupid. I have no problem with that. But then, do tell me...what exactly is Bitcoin backed by? Oh, digits “mined” from computer algorithms. In other words, I can’t exchange my Bitcoin for say gold, or silver? No. How about copper or Iron? Nope.

You all know that the major bankers have been hit with over 30 BILLION dollars worth of fines for rigging markets. They've rigged LIBOR, Gold, Silver, Forex, etc. This isn't speculation, this isn't a theory, this is simply the truth. You can look up the cases.

So the question is, if the banking institutions will collude with each other and rig the price of say LIBOR rates, or the daily quote on Silver, do you think it stops there? I argue "no way!". From where I sit, I see manipulation and rigging every where I look.

Earlier today we got the oil inventory numbers. Now think back to your economics 101 class. What happens if supply is tight on something? The natural reaction is for prices to rise. Likewise, if supply is abundant, then it holds to reason that prices would fall. So, what did we see in the oil numbers? Let's take a look....

For the past few issues I’ve been talking about the things one could do to secure themselves a retirement, so they don’t have to be a greeter at Wal-mart when they’re 75 years old. But it isn’t just “one thing” so to speak, it’s a multi-pronged fork that you need to secure your future. So far we’ve covered such things as buying a “working class” house and renting it out. Not for income, and not to flip, but just so that you have an asset that someone else pays for. Then at the end of the mortgage you have something free and clear you can sell or live in.

We also talked about online investing. The point being that “just having a job” is not enough. The job pays your rent, your food, your insurances, your cars, etc. But you need something on top of that to use as “savings”. Whether it’s doing side jobs or what have you, we presented the case that if you get a good “market” education, there’s very few things you can do that can make you the kind of money that online investing does, with virtually no manual labor.